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Finland's Metso: Weir made merger approach

  • Finland's Metso (MXCYY) has confirmed a report that it has received an approach from Scottish peer Weir (WEIGF) about a possible merger.
  • Metso is considering Weir's proposal, although the companies aren't in talks and nor have they held them.
  • The U.K.'s Times newspaper reported earlier that that companies are in discussions about an £8.5B ($14.17B) deal. (PR)
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